423 Clyde Ave

Indianapolis, IN 46201
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2 bd, 1 ba | 984 sqft | Built in 1941

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Portfolio Sale

List Price
$72,500

Initial Investment

$14,170

Purchase Price

$52,000

Down Payment

25%

Rent

$700

Total Return

$42,077

Annualized Return

34.5%

Cap Rate

8.6%

Gross Yield

16.2%

Cash Flow

$1,147

Appreciation

11.3%
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Features

Occupancy

Occupied

Lease Start

02/06/2016

Lease End

12/31/2018

Lot Size

12,850

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$7,980

Expenses

-$2,606

Property Taxes

-$1,400

Loan Payments

-$2,827

Net Cash Flow

$1,147

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